By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Tuesday said that Russia’s economic growth has continued to slow and had projected a Gross Domestic Product (GDP) of two percent (2%) in 2014. This is coming on the heels of a mission to the Russian Federation by the IMF […]
Tag: Inflation
Nigeria’s Economy to grow by 7% in 2014 As IMF Insist on AMCON Wind down
By Peter OBIORA InvestAdvocate Uyo (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said the Nigerian economy is expected to grow at seven percent (7%) and has insisted that Asset Management Corporation of Nigeria (AMCON) should be phased out gradually. This is coming on the heels of the conclusion of the Fund’s […]
CBN Retains Rates at 12%, show concerns on Election Spending
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria’s Central Bank Tuesday retained the Monetary Policy Rate (MPR) at 12 percent (12%) consecutively for the thirteenth; as it showed concerns over election spending following its Monetary Policy Committee (MPC) held November 18-19 2013 in Abuja Nigeria. At the end of the MPC […]
